Orion Energy Systems (OESX) Issues Earnings Results, Beats Estimates By $0.02 EPS

Orion Energy Systems (NASDAQ:OESX) released its quarterly earnings results on Monday. The electronics maker reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02, MarketWatch Earnings reports. Orion Energy Systems had a negative return on equity of 57.15% and a negative net margin of 31.32%.

Shares of Orion Energy Systems opened at $0.86 on Tuesday, Marketbeat Ratings reports. Orion Energy Systems has a twelve month low of $0.70 and a twelve month high of $1.42. The company has a market capitalization of $25.16 million, a price-to-earnings ratio of -1.95 and a beta of 1.06. The company has a current ratio of 1.78, a quick ratio of 1.27 and a debt-to-equity ratio of 0.15.

A number of research firms recently issued reports on OESX. Zacks Investment Research downgraded Orion Energy Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, April 4th. HC Wainwright set a $2.00 price target on Orion Energy Systems and gave the stock a “buy” rating in a research note on Thursday, February 8th.

Orion Energy Systems Company Profile

Orion Energy Systems, Inc researches, designs, develops, manufactures, implements, markets, and sells energy management systems for the commercial office and retail, area lighting, and industrial markets in North America. The company operates in three segments: Orion U.S. Markets Division, Orion Engineered Systems Division, and Orion Distribution Services Division.

Earnings History for Orion Energy Systems (NASDAQ:OESX)

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